Dafabet is the leading Asian online casino and gambling operator and while they’re not massive in the UK, they do operate here and have done for several years. Now the casino has announced that they are to close their UK facing operations and if you are a British customer at the brand, you only have a few days left to withdraw your balance.
Although Dafabet hasn’t given any reasons for the closure, it seems that the move has come on the back of regulatory pressure. There’s no denying that UK brands are having to work harder and harder to regulate their online casinos, which is great news for customers but hard work for operators.
It seems that Dafabet think that the UK market simply isn’t worth the tight regulations they are tied into, but they will continue to operate around the rest of the world.
While Dafabet lost out on the UK market to brands more well known to British consumers it’s important to note that they are the biggest Asian online gambling brand. The company held a license to operate in the UK and also sponsors Premier League Team Burnley FC and so the closure of their operations here may have a knock on effect.
Many online casino brands are currently feeling the pressure from regulators to meet British regulations and it could be that Dafabet are just the first foreign casino to pull out of operations in the UK.
If you hold a Dafabet account you have until March 20th to withdraw any available funds from the casino. For now at least the Dafabet sportsbook will continue to operate as normal.